Vale

Net of US$ 48 million in dividends received in 3Q26, US$ 58 million in 3Q25, US$ 35 million in 2Q26, US$ 111 million in 9M26 and US$ 138 million in 9M25.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

Vale’s cash position was impacted by US$ 1.7 billion in dividend and interest on capital payments during the quarter, along with continued liability management, resulting in a US$ 735 million decrease in cash and cash equivalents.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

² Related to Associates and Joint Ventures EBITDA that was included in the Proforma EBITDA, net of dividends received.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

Includes US$ -1,676 in dividends and interest on capital paid and US$ -830 million in debt repayment.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

", commented Gustavo Pimenta, CEO Selected financial indicators US$ million 3Q26 3Q25 Δ y/y 2Q26 Δ q/q 9M26 Net operating revenues Adjusted EBITDA Proforma EBITDA1 Free cash flow Recurring free cash flow Attributable net income Attributable proforma net income Net debt2 Expanded net debt 10,599 3,327 3,508 2,230 1,373 10,420 4,369 4,399 2,453 2% 10,498 -24% -20% 3,676 4,066 -9% 1,562 1,255 1,255 13,097 2,685 2,744 12,452 -12% -53% -54% 1,505 1,505 1,375 1,566 5% 13,173 16,413 Capital expenditures 1,250 16,640 1,250 1 Excluding expenses related to Brumadinho and non-recurring items.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

• Capital expenditures of US$ 1.3 billion, flat y/y, with full-year investments expected to be at the lower end of the US$ 5.4-5.7 billion guidance range.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

) (Check One) Form 20-F Form 40-F Rio de Janeiro, October 29th, 2026 3Q26 Quarterly Results “Our third-quarter results reflect disciplined execution of our strategy and a continued focus on operational excellence.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

In a dynamic market environment, our portfolio flexibility, affreightment strategy, and hedging program helped protect margins and support solid cash flow generation, further strengthening our balance sheet.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

Combined with solid performance across our asset base, these initiatives positions us well to finish the year strongly.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

• The Thompson Mine Complex transaction was completed in October, concluding the strategic review process and establishing Exiro Nickel as the new owner and operator, while VBM retained an 18.9% interest and a multi-year nickel concentrate offtake agreement.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

Other developments • As part of Vale's ongoing risk management strategy, the Brent oil hedge program, combined with forward freight agreements (FFAs) execution, generated an economic gain of US$ 97 million in the quarter, equivalent to approximately US$ 1.4/dmt of iron ore sold.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

These impacts were partly offset by ongoing efficiency gains, which helped mitigate external headwinds.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

All forward-looking statements involve various risks and uncertainties.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026

These risks and uncertainties include, among others, factors related to: (a) the countries where Vale operates, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates.

SEC original ↗Vale — Earnings release (6-K report)6-KOct 30, 2026